Banking Services Cannabis Industry: Page 7

U.S. House Adds SAFE Banking to Defense Spending Package

In a voice vote Tuesday night, the lower chamber attached cannabis banking reform as an amendment to the National Defense Authorization Act.

National Payroll Provider Joins StandardC Network for Cannabis-Related Businesses

This payroll processing partnership adds features for the cannabis industry, including direct deposit, automated payroll tax calculation, payment, filing, accounting system integration, online employee access and self-service, labor distribution, and job costing.

Will Cannabis Banking Reform Happen This Session?

Last month’s House budget could be the industry’s next best shot at cannabis banking reform. But with a long road ahead and competing priorities during a pandemic, will it happen?

Confia Brings Technology-Based Cannabis Transaction and Banking Services to East Coast

Following success in California, the largest legal cannabis market in the U.S., the cannabis technology platform launches operations in Massachusetts, opens headquarters and launches new marketing divisions.

Group of Senators Say Cannabis Businesses Should Be Allowed to Access SBA Loans

U.S. Sen. Jacky Rosen led nine of her colleagues to send a letter to a Senate Appropriations subcommittee.

The National Cannabis Roundtable's Christopher Jensen Talks 280E, SAFE and Delta-8

The co-founder of the National Cannabis Roundtable and cannabis company Mana Supply Co. says 'incremental progress' is key to moving industry reform forward.

Cannabis Cash Steps Into Digital Future

Cannabis financial services provider Abaca enters three-way partnership to digitize cash management.

SAFE Banking Act Cruises to Passage in House

Cannabis-related banking reform, which aims to provide safe harbor for financial institutions, draws bipartisan support in the lower chamber.

The State of Cannabis Banking at a Pivotal Moment in the Industry: Q&A with Safe Harbor Services’ Amanda McComb

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions.

Senate Follows Suit in Reintroducing SAFE Banking Act

Sens. Merkley and Daines lead bipartisan legislation to ensure state-legal cannabis businesses receive access to financial services.

The Return of the SAFE Banking Act: Week in Review

Optimism abounds, though there are many angles and causes for political debate.

SAFE Banking Act Refiled on Heels of $17.5 Billion in U.S. Cannabis Sales in 2020

A bipartisan group of House co-sponsors are set to give cannabis-related banking reform another go as the industry still lacks safe harbor for its financial institutions.

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